Stock Market Mixed As Oil Worries Return
New York stocks opened mixed on Friday as investors debated the oil crunch and a possible recession. The Dow slipped to 873.92, the Big Board index fell to 52.80, while the Nasdaq/NYSE advances showed gains over decliners amid cautious mood and chatter of a rally fading after Thursday’s margin cut. Monte Gordon of Dreyfus Corp warned the market may lose some of its punch as energy and economic concerns persist.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
American Stock Exchange
Monte Gordon
Dreyfus Corp
New York Stock Exchange Noon Prices Summary
A scanned AP report lists midday prices for numerous listed equities on the New York Stock Exchange. Traders watch figures for Amex, AmCan, Exxon, Boeing, Coca Cola, General Electric, and many others as quotes show last, high, low, and percent changes with broad market movement indicated.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Addisso
Airco
Arizonal
Ve AicanAlul
Es AllegCp
At&twt
AMT
Armcol
armstCk
AshdOil
AvcoCorp
Babckw
BeechAire
Boeing
BoiseCas
BucyErn
BuddCo
Burovaw
Buriind
Cadenceind
Cessna
American Stock Exchange
AO Indust
EssexChem
FedResrees
FrontierAir
Jetronkind
Kin ArkCrp
Lee
LoewThewt
Marshalind
Va Medenco
MilgoElect
NewparkRs
NorCon Oils
OKC Cp
Ormandind
Ozark Airline
Permaner
Phoenix St
Vlmcorpee
Westats Pt
Associated Press
High Point Enterprise Rate Notice and Legal Credits
Advertisement style notice lists daily and Sunday subscription rates with tax details and carrier terms. It notes The Associated Press rights and newspaper postal handling at High Point North Carolina with disclaimers about independent contractors and subscription payments.
MENTIONED IN THIS ARTICLE
High Point Enterprise, Inc
Church Avenue
High Point
N.C
Associated Press
AP News
Ward-Griffith Company
National Advertising Representatives
Market report from American Stock Exchange noon prices
The AP notes noon pricing on exchanges with many ticker symbols and percentage changes. It lists numerous companies such as Petri, ArkL Gs, Frontline, Breyer and others with varying gains and losses, followed by a long footnote explaining dividend terms and stock split codes and symbols.
British Hold Second Girl In Terrorism Arms Case
Security police detained a second young American woman in London for questioning over arms smuggling and terrorism connections. The detainee, unnamed but in her early 20s, was linked to Allison Thompson, an 18 year old Santa Barbara waitress.
MENTIONED IN THIS ARTICLE
ED Blanche
Associated Press
London
Scotland Yard
Allison Thompson
Santa Barbara
Calif
New York
Times of London
Miss Thompson
Edward Heath
United States
Stanley Davis
Labor Party
the Times
Britain
Abdelkrib El-Hakkaoui
Santa Barbara City College
Ater Naseen
Santa Barbara College
Babysitter Sought in North Las Vegas Kidnapping Case
Federal kidnapping charges filed against 18 year old Sharon Banchereau after she abducted 15 month old John Glenn Lawrence amid family tragedy. Police trace shows the pair last seen New Year’s Day in Phoenix, with the mother Christine Lawrence praying for the child’s safe return.
MENTIONED IN THIS ARTICLE
Patrick Arnold
Associated Press
North
Las Vegas
Nev
Johnnie Lawrence
James Timothy
John Glenn Lawrence
Sharon Lee Banchereau
Lawrence
Timmie
John
Charles Dulinsky
FBI
Patrick Dingle
North Las Vegas
Miss Banchereau
Phoenix
Ariz
Texas
Dingle
Pessimism Rife As 1974 Economy Seen Weak By Gallup
Gallup poll of 1 550 adults taken Nov 30 to Dec 3 shows 85 percent foresee 1974 as a year of economic difficulties and 84 percent expect rising unemployment. Only 7 percent foresee prosperity, with 8 percent undecided. The pattern mirrors last year though regional variation exists with the South showing more optimism about employment.
MENTIONED IN THIS ARTICLE
Princeton
N.J
Gallup
Milwaukee House
United States
South
Vesco Owes IRS Over Eight Hundred Thousand In Back Taxes
The IRS seeks more than 800000 in unpaid taxes from indicted financier Robert L Vesco. The claim surfaces as Vesco and wife appeal the verdict to the U S Tax Court. IRS asserts over 1.2 million in 1971 income plus 775310 taxes and 38765 penalty amid charges tied to ICC payments and personal use of ICC jet. The Vescos deny the charges while residing in Nassau Bahamas and San Jose Costa Rica.
MENTIONED IN THIS ARTICLE
Vesco
IRS
U.S
Vescos
International Controls Corp
Charlotte Building Is Sold in Major Office Transfer
The 12 story Cameron Brown office building in Charlotte sold for 6.4 million dollars to the three children of former U S Senator Willis Smith. Ownership shares were deeded to James K Dorsett and Lee C Smith as trustees. Fairfax Enterprises sold 300 acres near Atlantic Beach to Pharr Yarns Inc for 2.4 million dollars.
MENTIONED IN THIS ARTICLE
Charlotte
Cameron-Brown
U.S
Willis Smith
Alton B.smith
Marion Yarns
Lee C. Smith
Raleigh
Anna K. Dorsett
Wachovia Corp
James K. Dorsett
Willis Smith Jr
Eastern Airlines
Raleigh- Durham
Nixon
North Carolina
Fairfax Enterprises
Ocean
Bogue Sound
Atlantic Beach
Cameron-Brown Co
Pharr Yarns Inc
McAdenvile
Carteret County
W.J. Pharr
Pharr Yarns
McDowell Street
Sheraton
Fairfax
Jack Benny IRS dispute over charitable deduction
Jack Benny fights the IRS over a claimed 156000 deduction for memorabilia donated to UCLA. IRS says Benny and wife owe 109081 back taxes for 1967 and 1968. Benny’s lawyer appeals to the U.S. Tax Court, citing Nixon’s similar acceptance.
MENTIONED IN THIS ARTICLE
Washington (Ap
Jack Benny
University of California At Los Angeles
Internal Revenue Service
Benny
Lawrence S. Kartiganer
Beverly Hills
Calif
Nixon
National Archives
Mamie Eisenhower Hospitalized for Routine Checkup
Mamie Eisenhower, widow of President Dwight D. Eisenhower, is at Walter Reed Hospital for a routine physical. A spokesman said the length of her stay is not known.
MENTIONED IN THIS ARTICLE
Washington
Mamie Eisenhower
Dwight D. Eisenhower
Walter Reed Hospital
Saxbe Scales Back Political Contacts Policy at DOJ
William Saxbe criticized a plan to require written records of officials contacts with outsiders over specific cases. He questioned including members of Congress and the Senate, noting embarrassment and political risk if publicized. He argued the policy would deter improper pressures but could hinder information flow to the attorney general.
MENTIONED IN THIS ARTICLE
Congress
Senate
Justice Department
Saxbe
Richardson
Department
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Stock Market Report
Chessie
Kraftcol
ChrisCraft
Kroger
Stevens
Lehmaling
Lehmal
Teampae
CocaColl
LevitzFurn
Tektronx
Tenacol
Litton
LockhdAire
Texacol
OlinCorp
OwenCn
Gannett
L'E Owentinas
GenDynam
G TeiEli
PanAmaAir
Genescoinc
Textron
Cot Cant
Lvocorp
E TimeMir
ContCill
ToddShipyd
Transam
Coolind
Macy
Corngg
MadisFolle
CoxBdet
Maratox
Marcor
Merckl
del Mat
Ussteel
Disney
Vasa
Monsanto
UV India
Veaepwtis
MtStTell
Wachova
EastAir la
Ye Nabisco
Warnk
EasKol Ma
NatAir
Eaton
WestgEl
Esmark
Natormas
Whittaker
wWlliamsCo
Winnodx1
Fairind We
Winnebago
Fanstel
Norris
ZaleCorp
NoAmPnhill
Zenithr
Firestone
Northrop
NwstAir
Norton
FiaPwLl
NorSim
OMC
GettyOl
Gillette
GlobalMar
Pennzoil
Ralstonp
Holdyinn
Idaho
Joniog
SeaCi
Searieg
Jostens
Sears
Smithkiine
Kellogg
Kennecott
KirmbCi
SouthCol i
High Point Enterprise
Cid
NEW York Stock Index
Dow-Jones
Windus Eee
A.P. Stock
Ralisind
Util
Fen. L.ve
al Fatah
Black September
Hassan
The
Times
Abdellah Chorfi
Margaret Gentry
Robert L. Ves
Boonton, N.J
Charlotte Building
Kartiganer
Mamie
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